The British non-bank issuer reported a 27% rise in structured notes revenue last year, pushing the business into record territory as it accelerates global expansion across distribution channels and markets.

Marex Group (Marex) amassed a record US$40.1m in revenue from structured notes in Q4 2025, a noticeable recovery from the previous quarter. Interest expense was broadly flat, with the decrease in rates being broadly offset by higher structured note balance -  Ian Lowitt, CEO Full-year revenue came to an all-time high at US$117.5m, a 27% increase year-on-year (YoY) ‘driven by strong performance in structured products (equities, fixed income and digital assets)’, according to